The loss of priceless art, jewelry, autos, memorabilia and watches could often match or exceed the property values.

Once a complete loss mitigation application is received, the servicer must review that application before starting the foreclosure process.""

A 50% decline in asset value would result in a $10,000 loss, double the loss of the unleveraged asset.  

I have to front a ton of capital.2.

WE create value so different bizz model and my capital partners ( I provide the capital) have done equally well in value add.. in my mind what slowed was the vanilla rental real estate bizz.. we all know that rates rose higher than rent.. so cash flow got squeezed ..

Cut your losses the first time they miss a payment and start the eviction process.

Certainly from a capital raise perspective, $5 -10 million is a reasonable amount.That being said, raising capital for a blind pool fund is much more difficult than raising capital for a syndication where the property is already identified and the potential investors know exactly where there money is being invested.

You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

Ironically the invested capital is often very similar for either. because your either investing capital in # of locations to scale, or investing capital in higher quality ie higher cost assets and operational items. 

In the beginning, it's all about buying more deals with not much capital and frankly, maybe that's not the worst thing, because you learn a lot.